Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
Blog Home

  Alternatives Update 2nd Quarter 2023
Posted Under: Alternatives

In the second quarter of 2023, U.S. stocks were the place to be invested. Investors grabbed hold of the narrative that the Federal Reserve (the “Fed”) has quelled inflation, the U.S. economy will not experience a recession or if there is a recession, it will be mild and there will be a quick and decisive pivot back to an easy money economy. Perhaps the Fed’s incredibly aggressive rate hikes have clawed back some of the credibility it lost during the “inflation is transitory” period. With risk aversion set aside, and the artificial intelligence (AI) frenzy in full swing, investors seem to be emboldened by positive signals from Gross Domestic Product (GDP), housing and jobs data even though these indicators tend to be lagging and not leading. There are potential warning signs of challenging times to come. Among them are continued hawkish language from the Fed that rates will remain high for a long time, a steeply inverted yield curve the likes of which has not been seen in 40 years, the Fed Fund’s rate now exceeding headline Consumer Price Index (CPI), and the first ever sustained period of negative money supply growth.

To view the entire article, click here.

Posted on Friday, July 14, 2023 @ 11:45 AM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
Dave McGarel
CIO, COO | Bio
  1. Market Minute
Bill Housey
Senior Portfolio Manager | Bio
  1. Income Insights
Ryan Issakainen
ETF Strategist | Bio
  1. ETF Data Watch
  2. ETF Observations
  3. Inside First Trust ETFs
  4. First Trust ROI Podcast
Jeff Margolin
Closed-End Fund Analyst | Bio
  1. Closed-End Fund Quarterly Commentary
Client Resource Kits
  1. Alternatives
  2. Equity
  3. Fixed-Income
  4. Markets In Perspective
  5. Investment Themes
Other Newsletters
  1. Alternatives Update
  2. Housing Tracker
  3. Commercial Real Estate Tracker
  4. Equity Newsletter
  5. Weekly Market Commentary
  6. Weekly Market Watch
Subscribe To Receive Email

Asset Flows Monitor July 2023 Edition
Market Minute - July 2023
Infrastructure Spending, a Factory Construction Boom, and New Highs for AIRR
Asset Flows Monitor June 2023 Edition
Market Minute - June 2023
New Innovations and Global Trends Boost Case for Artificial Intelligence and Robotics
Principles for Thematic Investing in Volatile Markets
Asset Flows Monitor May 2023 Edition
Market Minute - May 2023
Closed-End Fund First Quarter 2023 Review
Skip Navigation Links.
Search by Topic
Skip Navigation Links.

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.